United States of America v. The Glidden Company et al

Filing 5

ORDER signed by Judge Lynn Adelman (for Chief Judge Rudolph T. Randa) on 6/29/2006 granting 4 Unopposed Motion to Authorize Defendants' Deposit of Funds in Court Registry Account. Defendants shall deposit a total of $612,000.00 in the Co urt Registry Account within 20 days of the date of lodging of the proposed Consent Decree. The funds shall earn interest. Any disbursement from the Court Registry Account shall be made only in accordance with a separate Withdrawal Order of this Cou rt. If the Court approves the Consent Decree after a public comment period, the Withdrawal Order shall direct disbursement as specified in Paragraph 6 of the Consent Decree. (cc: all counsel - via US Mail to Clerk of Court Financial Dept., Thomas J Krueger, Thomas D Lupo, Samuel W Ach, James P Enright) (Adelman, Lynn)

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United States of America v. The Glidden Company et al Doc. 5 Case 2:06-cv-00718-RTR Filed 06/29/2006 Page 1 of 2 Document 5 IN THE UNITED STATES DISTRICT COURT F O R THE EASTERN DISTRICT OF WISCONSIN U N IT E D STATES OF AMERICA, ) ) P l a in tif f , ) ) v. ) ) T H E GLIDDEN COMPANY; ) C H E M C E N T R A L CORPORATION; and) S E Q U A CORPORATION ) ) Defendants. ) Civil No. 06-C-718 O R D E R AUTHORIZING DEFENDANTS' DEPOSIT OF FUNDS IN COURT REGISTRY ACCOUNT T h e United States has filed with the Court the "United States' Unopposed Motion to A u t h o r iz e Defendants' Deposit of Funds in Court Registry Account." The United States' M o tio n seeks authorization for Defendants The Glidden Company, Chemcentral Corporation, a n d Sequa Corporation ("Defendants") to deposit funds in the Court Registry Account as p r o v i d e d by a proposed Consent Decree that has been lodged with the Court, to earn interest in accordance with the Clerk of the Court's normal investment procedures. Paragraph 4 of the Consent Decree requires the Defendants to deposit a total of $612,000 into the Court R e g is try Account within 20 working days of the date of lodging. NOW, THEREFORE, in light of the United States' Motion, and good cause a p p e a rin g , IT IS HEREBY ORDERED: 1. P u r s u a n t to Fed. R. Civ. P. 67, the Clerk of the Court shall accept the Dockets.Justia.com Case 2:06-cv-00718-RTR Filed 06/29/2006 Page 2 of 2 Document 5 D e f en d a n ts ' payments into the Court Registry Account, as provided by the proposed Consent D e c re e . Each of the Defendants' payments into the Court Registry Account shall be made by a check made payable to "Clerk, United States District Court," shall reference the Defendant's n a m e and the civil action number assigned to this case, and shall be accompanied by a copy o f this Order. 2. T h e funds deposited in the Court Registry Account shall earn interest in a c c o rd a n c e with the normal investment procedures of the Clerk of the Court. Pursuant to 2 8 U.S.C. 1914(b) and the Judicial Conference Schedule of Fees, no fees shall be charged f o r services rendered on behalf of the United States in conjunction with this deposit of funds in to the Court Registry Account. 3. A n y disbursement from the Court Registry Account shall be made only in a c co rd a n c e with a separate Withdrawal Order of this Court. If the Court approves the C o n s e n t Decree after a public comment period, the Withdrawal Order shall direct d isb u rse m e n t as specified by Paragraph 6 of the Consent Decree. The Withdrawal Order shall d ire c t disbursement to the Defendants, to return the settlement payments, in proportion to the p a ym e n ts made, if the Plaintiffs determine based on comments received or new information th a t the proposed Consent Decree is not fair, reasonable, and in the public interest, or if the C o u rt declines to enter the Consent Decree. S O ORDERED. June 29, 2006 Date s/ Lynn Adelman U n ite d States District Judge 2

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